MULTIVARIATE TECHNIQUES IN RANKING PERFORMANCE: AN APPLICATION TO THE WORKING OF PCARDBS IN KARNATAKA

The performance of PCARDB's in the districts of Karnataka were ranked by applying the principal component analysis on selected performance indicators. Further, using discriminant analysis the factors contributing to the disparity between the districts where the PCARDB's were performing well from those where they were not, was quantified. The discriminant function revealed that growth in working capital, deposits and overdue loans distinguished high performing banks from low performing banks.